Cincinnati Financial Corporation (CINF) vs CNA Financial Corporation (CNA)

Cincinnati Financial Corporation and CNA Financial Corporation are both Insurance Property & Casualty companies. Cincinnati Financial Corporation is the larger, with a market value of $28.9B against $13.0B — 2.2× the size. Cincinnati Financial Corporation trades at the lower P/E: 10.9× against 12.6×. Cincinnati Financial Corporation grew revenue faster over the last twelve months: 9.91% against 2.05%. Cincinnati Financial Corporation has the higher net margin (20.1% vs 6.80%) and the higher return on invested capital (13.2% vs 6.92%). Both pay a dividend; CNA Financial Corporation yields more (2.96% vs 1.96%). Across the 21 metrics below, Cincinnati Financial Corporation leads on 14 and CNA Financial Corporation on 7.

Valuation

Metric CINF CNA Insurance Property & Casualty median
P/E 10.90 12.65 12.17
P/S 2.17 0.86 1.26
P/B 1.78 1.27 1.85
Price to free cash flow 9.37 5.91 8.04
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.17% 7.91% 8.20%
Free cash flow yield 10.67% 16.91% 11.86%

Profitability

Metric CINF CNA Insurance Property & Casualty median
Gross margin 25.48% 41.66% 37.39%
Operating margin 25.21% 9.38% 14.67%
Net margin 20.07% 6.80% 10.16%
Free cash flow margin 23.19% 14.50% 18.60%
Return on equity 16.87% 9.56% 16.59%
Return on assets 6.41% 1.50% 3.38%
Return on invested capital 13.22% 6.92% 9.43%

Growth

Metric CINF CNA Insurance Property & Casualty median
Revenue growth (TTM) 9.91% 2.05% 5.70%
EPS growth (last fiscal year) 4.40% 33.24% 39.61%
Revenue growth, 5-year CAGR 10.88% 6.76% 9.23%
Net income growth, 5-year CAGR 14.50% 13.12% 10.09%

Health

Metric CINF CNA Insurance Property & Casualty median
Debt to equity 0.05 0.29 0.25
Current ratio 0.27 0.22 0.49
Net debt to EBITDA (0.17) 1.57 0.08

Dividend

Metric CINF CNA Insurance Property & Casualty median
Dividend yield 1.96% 2.96% 1.56%
Payout ratio 0.22 0.37 0.15

Size

Metric CINF CNA Insurance Property & Casualty median
Market cap 28.91b 13.02b 2.64b

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